Vol 65 No 8 | NIGERIA Abacha consigliere in storm over $11 billion superhighway linking Lagos and Calabar 5th April 2024 Minister confirms upfront payments to Hitech Construction on a no-bid contract for 'Africa's biggest road' The international rehabilitation of billionaire businessman Gilbert Chagoury had seemed complete. Convicted in Geneva for laundering money stolen by military leader Sani Abacha and in the United States...
Vol 62 No 8 | NIGERIAECONOMY Much to be modest about 15th April 2021 The economy is in slightly better shape than feared months ago but faces a toxic combination of unemployment and inflation President Muhammadu Buhari and Nigeria's economy policymakers will certainly welcome the modest improvement in the country's economic outlook. According to the Yemi Kale-led National Bureau of Statistics (NBS),...
Vol 43 No 18 | NIGERIA Impeachment 13th September 2002 Two weeks ago President Olusegun Obasanjo considered threats by the House of Representatives to impeach him if he didn't resign as 'a joke carried too far' by a...
Vol 47 No 23 | NIGERIA Sekibo and the drones 17th November 2006 With President Olusegun Obasanjo's sacking of Transport Minister Abiye Sekibo on 6 October, the row over the 215 million euro (US$275.5 mn.) contract to supply aerial drones for...
Vol 43 No 20 | NIGERIA Nigeria's rag trade 11th October 2002 On 2 October Nigeria banned imports of all textiles in a bid to revive its own ailing industry. It now depends on imports from Asia, some of them...